Tuesday, August 23, 2011

When CBS Covers This...

It means the establishment left (the crony capitalists) have had the scales drop from their eyes:
The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch.The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.
It's the most rapid increase in the debt under any U.S. president.
The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama's four-year term.
And Obama did most of this while his party had strong majorities in both houses of Congress.

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